Sugar Hill, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Sugar Hill Neighborhoods Since 2000




Sugar Hill, GA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Sugar Hill Housing Market Information

With 21,747 people, 6,450 houses or apartments, and a median cost of homes of $222,945, Sugar Hill real estate is some of the most expensive in Georgia, although Sugar Hill home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Sugar Hill, accounting for 81.40% of the city's housing units. Other types of housing that are prevalent in Sugar Hill include row houses and other attached homes ( 9.83%), mobile homes or trailers ( 4.76%), and a few large apartment complexes or high rise apartments ( 2.62%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sugar Hill. Owner-occupied housing accounts for 80.84% of Sugar Hill's homes, and 74.12% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sugar Hill built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Sugar Hill built between 2000 and later ( 39.17%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.83%). There's also some housing in Sugar Hill built before 1939 ( 1.53%).

Sugar Hill Home Appreciation Rates

Appreciation rates for homes in Sugar Hill have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.51%, which ranks in the top 40% nationwide. This equates to an annual average Sugar Hill house appreciation rate of 0.63%.

Appreciation rates are so strong in Sugar Hill that despite a nationwide downturn in the housing market, Sugar Hill real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sugar Hill appreciation rates continue to be some of the highest in America, at 8.16%, which is higher than appreciation rates in 87.47% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sugar Hill. Sugar Hill appreciation rates in the latest quarter were at 1.10%, which equates to an annual appreciation rate of 4.47%.

Relative to Georgia, our data show that Sugar Hill's latest annual appreciation rate is higher than 80% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$222,945

Sugar Hill, GA HOME PRICES

Value Range
> $1,316,000 0.1
$987,001 - $1,316,000 1.1
$658,001 - $987,000 3.9
$526,001 - $658,000 3.4
$394,001 - $526,000 10.3
$263,001 - $394,000 25.6
$131,001 - $263,000 45.8
$66,001 - $131,000 6.7
$0 - $66,000 3.2

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
27.1827024493144 10.1479915433404

Number Of Homes And Apartments:
6,450

Sugar Hill Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
32.48% 1.64% 8 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,693 / per month

Homeownership Rate

Homeownership
Owners 80.84
Renters 19.16
Vacant 7.99

Housing Market Details

 

Age of Homes

AGE OF Sugar Hill HOMES
2000 or Newer 39.2
1970 - 1999 50.5
1940 - 1969 8.8
1939 or Older 1.5

Types of Homes

TYPE OF Sugar Hill HOMES
Single-Family 81.4
Townhomes 9.8
Small Apt. Buildings 1.4
Apt. Complexes 2.6
Mobile Homes 4.8
Other 0.0

Home Size

SIZE OF Sugar Hill HOMES
No Bedroom 0.56
1 Bedroom 1.38
2 Bedrooms 10.11
3 Bedrooms 43.78
4 Bedrooms 30.34
5 or more bedrooms 13.82